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Office of the Deputy Mayor for Planning and Economic Development
 

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D.C. cuts red tape for smaller venture capital funds

Date Released: 

Washington Business Journal by Andy Medici


Smaller venture capital funds in the District will no longer have to follow strict licensing rules meant for financial advisers — a change that proponents say will make D.C. more tech friendly.

Since 2012, the D.C. Department of Insurance, Securities and Banking (DISB) has issued temporary licensing waivers for funds with more than $100 million under management. The latest move permanently extends those waivers and applies them to funds with less than $100 million under management.

DMPED Announces Responses to Parcel 42, first of the Pilot “OurRFP” projects

Date Released: 

(WASHINGTON, D.C.) – Deputy Mayor for Planning and Economic Development (DMPED) Brian Kenner today announced the responses for the redevelopment of Parcel 42 in Ward 6, the District’s first “OurRFP” project. OurRFP is a Mayor Bowser initiative that incorporates resident and community engagement early in the Request for Proposals (RFP) prior to developer solicitation. The six proposals include plans for affordable housing, retail, sustainable design, and public space in the District’s Shaw neighborhood.

Here Are The Details Behind Mayor Bowser's Affordable Housing Grants

Date Released: 

David Hubler, Bisnow, DC

The DC government is opening its wallet to the tune of $82M in public funding for 12 recently unveiled affordable housing projects that will create 804 units for approximately 1,760 DC residents. DC Mayor Muriel Bowser unveiled the plans last week.

The 12 projects were selected from 29 applications and include preservation of 466 units and construction of 338 new units.

Bowser on St. E's, Pepco-Exelon and her pitch for Wegmans at Walter Reed

Date Released: 

Washington Business Journal//Michael Neibauer

Mayor Muriel Bowser, now entering her second year in office, says she's got the job down.

"I know exactly what the job is," she said Tuesday during an interview in her John A. Wilson Building office. "I’ve loved it. I’ve learned a lot. There are things that I would do exactly the same, some things I would change. But we have been a nimble administration and been very decisive in what we do."

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